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Sandra Hockwater
REALTOR®, Lic. Real Estate Salesperson
(716) 481-8625
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418 Clay Street, Watertown, NY 13601

$239,900
  • 418 Clay Street, Watertown, NY 13601 Main Photo

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Active
BEDS5 BATHS4 full SQUARE FEET3,066 MLS#S1703592
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONCity/Watertown SCHOOLWatertown

Property Description

4-Unit Income Property in Downtown Watertown Exceptional cash-flowing investment in prime Watertown location, just 3 blocks from Public Square. This well-maintained 4-unit building is ready to perform immediately. It's ideal for owner-occupant house hackers or portfolio investors seeking strong returns. UNIT BREAKDOWN: Three 1-bedroom units and one 2-bedroom unit. Each unit features a private porch, built-in refrigerator, and stove. CURRENT INCOME: Monthly rents total $3,140 ($850 + $750 + $770 + $770). Annual gross income: $37,680. Property taxes: Under $2,300/year. Tenants pay own electric; landlord covers heat and water. RECENT IMPROVEMENTS: Driveway, gas boiler updated, soffit and fascia refreshed. WHY THIS WORKS: 4 units are rare in this market! Strong central location with consistent tenant demand and minimal capital expenditure needs. Property is well-maintained and positioned to generate immediate cash flow. Perfect stepping stone for owner-occupants looking to house hack while building equity, or a solid addition for active investors scaling portfolios.

418 Clay Street | MLS# S1703592

This multi-family property located at 418 Clay Street, Watertown, NY 13601 is currently listed for sale with an asking price of $239,900. Clay Street is located within the Watertown school district. Search Watertown real estate on shockwater.mjpeterson.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Full, Walk-Out Access
Heating: Gas, Radiator(s)
Home Style: Fourplex
Lot Size: 0.11 Acres
Roof Type: Metal
Stories: 2.0
Taxes: $2,119
Year Built: 1937

Amenities

Ceiling Fan(s)
Pull Down Attic Stairs

Feature Descriptions

Appliances: Electric Water Heater
Days on Site: 18
Exterior: Vinyl Siding, Copper Plumbing, PEX Plumbing
Flooring: Carpet, Luxury Vinyl, Varies
Lot: Irregular Lot, Residential Lot
Lot Dimensions: 57X82
Parcel#: 221800-011-000-0003-119-000-0000
Parking: Paved, Two or More Spaces
Parking Notes: Paved, Two or More Spaces
Patio/Porch: Covered, Porch
Sewer: Connected
Units: 4
Utilities: Cable Available, Electricity Connected, High Speed Internet Available, Sewer Connected, Water Connected
Water: Connected, Public

Local Schools

School District: Watertown

Listed By / Shown By

Listing By

Agency Name: North Star Real Estate & Property Management
Agency Phone: 315-777-4365

Shown By

Agent Name: Sandra Hockwater
Agent Phone: (716) 481-8625
Agency Title: MJ Peterson Real Estate

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Estimated Payment

$ 780.47 per month $533.91 Principal & Interest $176.58 Property Tax $69.97 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 08/22/2026. The listing information on this page last changed on 08/22/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sat 08/22/2026 12:00:39 AM EST) or New York State Alliance MLS (last updated Fri 08/21/2026 11:55:04 PM EST). Real estate listings held by brokerage firms other than MJ Peterson Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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